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intertenporal discounting, a social rate of discount is obtained for Colombia in two settings. The conclusion is that the stylized …
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This paper investigates the relationship between board of directors¿characteristics and firm value. We find a positive relationship between board ofdirectors¿ shareholdings and Tobin¿s Q. Endogenous treatment of these variables alsoreveals a positive relationship between Tobin¿s Q and board...
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